2018 — Topical news of the United Arab Emirates

July 17, 2018 no comments 37
TV network will use the new base at MarketSite, part of Nasdaq Dubai's new offices in the Dubai International Financial Centre CNBC, the world's number one business and financial news network, has announced the expansion of its Middle East operations with a new studio set to open in...

July 17, 2018 no comments 35
The emirate continues to attract businesses and investors as a competitive hub for sustainable business development The Department of Economic Development (DED) in Dubai issued 1,185 new licences and concluded more than 19,850 transactions in June. The latest data, recorded on the...

July 17, 2018 no comments 36
The Institute of International Finance has raised the projected UAE real GDP growth from 2.1% to 2.4% for 2018 UAE - High crude prices, increased production and stimulus initiatives will boost economic growth of the UAE and other oil-exporting GCC countries in 2018-19, according to global...

July 17, 2018 no comments 36
Turbine testing begins at the M-Station expansion project in Jebel Ali, which is the largest electricity generation and water desalination plant in the UAE Dubai Electricity and Water Authority (DEWA) has started testing the turbines in the M-Station expansion project in Jebel Ali, which...

July 17, 2018 no comments 38
Majid Al Futtaim unit says opening is key part of plan to open 600 screens in Gulf kingdom over the next five years UAE-based Majid Al Futtaim Cinemas on Monday announced it will open the first multiplex in Jeddah at Red Sea Mall by December. The announcement marks a major milestone for...

July 17, 2018 no comments 37
dubizzle Motors and InsuranceMarket.ae reveal data showing change in gross premiums for Ford, Honda, Mitsubishi, Nissan, and Toyota in the UAE Car insurance for some of the most popular car brands in the UAE have fallen by 8 percent over the past year, according to new research....

July 17, 2018 no comments 37
Chestertons report says residential market in UAE capital set to remain under pressure as 6,000 new units are set to be added The current decline in sales prices and rental rates in Abu Dhabi’s residential market is predicted to continue with the addition of about 6,000 units during the...

July 16, 2018 no comments 48
Empower will extend its District Cooling pipe network on Sheikh Zayed Road to serve the Dubai Arena and Al Wasl Tower DUBAI - Emirates Central Cooling Systems Corporation, Empower, has announced awarding contracts worth AED175 million for the extension of its district cooling pipe...

July 16, 2018 no comments 54
Emaar Properties sales dropped to $1.06 billion during the first quarter of this year Dubai-based Emaar Properties is planning to sell “hotels, clinics and schools” to raise funds, according to the Financial Times. The newspaper said in a report on Monday that Emaar Properties is...

July 16, 2018 no comments 52
Watch: New Mission Impossible: Fallout stunt scenes includes Abu Dhabi parachute jump A new 30-minute video of Tom Cruise performing stunts for the latest Mission Impossible film has been posted online. It includes behind-the-scenes footage of him jumping out of a military aircraft above...